Anhui Jinhe Industrial Co.,Ltd.



Quote for Anhui Jinhe Industrial Co.,Ltd.

Last Trade:
-
Change:
--
Symbol/Code:
002597
Status:
-
Stock Type:
A Share
Market Cap:
-
Open:
-
Prev Close:
-
Bid:
-
Ask:
-
Volume(*100):
-
Amount:
-
Limit Up:
-
Limit Down:
-
Day's Range:
-
P/E(ttm):
-
P/B ratio
-
Update:-
Currency in CNY Time=UTC+8002597 quote

Summary for Anhui Jinhe Industrial Co.,Ltd.

ANHUI JINHE INDUSTRIAL Co., Ltd. is principally engaged in the manufacture and distribution of fine chemical products and basic chemical products. The Company primarily provides fine chemical products, such as food additives, including acesulfame, 3-hydroxy-2-methyl-4-pyrone and ethyl maltol, as well as basic chemical products, including liquid ammonia, ammonium bicarbonate, melamine, phormaldehyde, nitric acid, sulfuric acid and neopentyl glycol, among others. Its products are applied in food, beverages, drugs, pharmaceutical intermediates, wood processing, papermaking, textile, paints, composite resin and fertilizers, among others. During the year ended December 31, 2010, the Company obtained approximately 72.28% and 27.72% of its total revenue from basic chemical and fine chemical products, respectively.

Profile for Anhui Jinhe Industrial Co.,Ltd.

Full Name:Anhui Jinhe Industrial Co.,Ltd.
Full Name in Chinese:安徽金禾实业股份有限公司 Short Name in Chinese:金禾实业
Symbol/Stock Code:
002597
Listed in:
Shenzhen Stock Exchange
Issued Capital
-
Negotiable Capital:
-
Chairman:
Yang Yingchun
Secretary of the Board:
Ang Zongyong
Phone:
+86-550-5628594
Fax:
+86-550-5611232
Official Website:www.jinheshiye.com
E-mail:yzyahjh@sina.com
Address:No. 127,Dongda Street, Laian County,CHUZHOU ANH 239200
IPO Subscription Date:
2011-06-29
Listing Date:
2011-07-07
IPO Issued Capital:
33500000
IPO Price:
21.5 CNY
IPO fees:
43410300 CNY
Money Raised by IPO:
720250000 CNY
IPO Par Value:
1.00 CNY
Net Money Raised:
676839700 CNY
Open(Listing day):
32.50 CNY
Close(Listing day):
32.43 CNY
Diluted P/E ratio after IPO:
22.8700
Turnover rate(listing day):
86.83%

Financials for Anhui Jinhe Industrial Co.,Ltd.

UPDATE:2012-10-24 Annual Report Abstract:(All Currency In CNY)

Indicators/Till The Date
2012-09-30
2011-12-31
2010-12-31
2009-12-31
Net Profit(after tax)(Million)
118.2846
185.9745
130.2144
81.8794
Net Profit Growth(%)
-21.51
42.82
59.03
52.01
Return On Equity(ROE)(%)
7.06
11.59
17.97
20.94
Debt ratio(%)
22.67
26.40
30.50
44.94
Net Operating Cash Flow/Net Profit(%)
88.52
-38.01
153.62
177.04

Per Share Financial Data:(All Currency In CNY)

Per Share Indicators/Till The Date
2012-09-30
2011-12-31
2010-12-31
2009-12-31
Earnings Per Share(EPS)
0.5500
1.6300
1.4500
1.0200
Diluted Earnings Per Share
0.0000
1.5700
1.3900
0.9700
Net Asset Value Per Share (NAVPS)
7.8500
12.0100
7.2500
4.8875
Additional Paid-In Capital Per Share
3.8366
6.7386
2.5626
1.0923
Retained Earnings Per Share
2.4910
3.3996
2.8586
2.1064
Net Cash Flow From Operatings Activities Per Share
0.4900
-0.5300
2.0000
1.8100
Net Cash Flow Per Share
-1.4310
2.0126
1.4456
-0.1306

Balance Sheet:(All Currency In CNY)

Assets And Liabilities/Till The Date
2012-09-30
2011-12-31
2010-12-31
2009-12-31
Total Assets(Million)
2467.9874
2495.3007
1058.5801
729.3122
Total Liabilities(Million)
559.7089
658.9189
322.8727
327.7631
Current Liabilities(Million)
429.3977
515.3027
256.5889
286.161
Long Term Liabilities(Million)
-
-
-
-
Cash And Cash Equivalents(Million)
439.6306
745.1448
200.7466
56.5651
Accounts Receivables(Million)
117.8168
72.2963
41.7701
42.8874
Deposit Received(Million)
39.2803
55.367
34.1467
42.5057
Other Receivables(Million)
5.5453
2.5597
8.3293
1.6457
Bad Debt Reserve(Million)
-
-
-
-
Shareholder's Equity/Owner's Equity(Million)
1675.8451
1603.9647
724.8197
390.9968
Debt ratio(%)
22.67
26.40
30.50
44.94
Equity Ratio(%)
67.9000
64.2700
68.4700
53.6100
Current Ratio
3.2291
2.9275
2.0621
1.1711
Quick Ratio
2.6394
2.4373
1.5354
0.8776

Cash Flow Statement:(All Currency In CNY)

Cash Flow/Till The Date
2012-09-30
2011-12-31
2010-12-31
2009-12-31
Cash From Selling Commodities(Million)
2261.811
2299.8254
1846.5213
1474.8013
Net Cash Flow From Operatings Activities(Million)
104.7103
-70.6852
200.029
144.9552
Net Cash Flow From Operatings Activities Change(%)
-268.83
-135.34
37.99
61.80
Net Cash Flow(Million)
-305.6551
268.6787
144.5582
-10.4505
Cash From Selling Commodities/Prime Revenue(%)
106.66
100.65
113.58
112.01
Net Cash Flow/Net Profit(%)
-258.41
144.47
111.02
-12.76
Cash Flow From Investing Activities(Million)
-239.2682
-419.1045
-231.5812
-140.4502
Cash Flow From Financing Activities(Million)
-171.24
757.9504
176.1263
-15.0878

Income Statement:(All Currency In CNY)

Income Indicators/Till The Date
2012-09-30
2011-12-31
2010-12-31
2009-12-31
Prime Operating Revenue(Million)
2120.5007
2284.9616
1625.7304
1316.7251
Prime Operating Profit(Million)
-
-
-
-
Operating Costs(Million)
68.7636
61.5941
42.069
34.3371
Administrative Costs(Million)
40.2643
50.7146
38.9236
32.1799
Financing Costs(Million)
0.5451
5.2458
5.666
4.1833
Above Three Costs Change(%)
37.68
35.65
22.57
13.85
Operating Profit(Million)
137.0641
202.847
146.606
89.5789
Income From Investment(Million)
-0.0378
0.0114
-0.1578
-0.2002
Government Subsidies(Million)
-
-
-
-
Net Non-Operating Income And Expense(Million)
5.9124
6.4921
6.2111
5.4415
Total Profit(Million)
142.9766
209.3391
152.8171
95.0205
Corporate Income Tax(Million)
25.6325
24.9028
19.9448
13.3175
Net Profit(Million)
118.2846
185.9745
130.2144
81.8794
Gross Profit Ratio(%)
12.09
14.78
14.84
12.81
Operating Margin(%)
6.46
8.87
9.01
6.80
Return On Equity(ROE)(%)
7.06
11.59
17.97
20.94

Announcements for Anhui Jinhe Industrial Co.,Ltd.

Date: 2012-08-16
Title: EGM RESOLUTION
The Company held its 1st Extraordinary General Meeting of 2012 on 15 August 2012, during which the following proposal(s) was/were approved:
1. Formulation of remuneration management system for directors, supervisors and senior management
2. 2012 remuneration scheme for directors and supervisors
3. Amendments to the Company's articles of association
Date: 2012-07-05
Title: RESTRICTED SHARE LISTING
Among the Company's 426320 restricted shares to be unlocked on 09 July 2012, 426320 of them will be tradable on the Shenzhen Stock Exchange on that day.
Date: 2012-05-23
Title: DIVIDEND IMPLEMENTATION (CASH AND BONUS ISSUE)
2011 final distribution plan to be implemented (A shares):

1. Cash dividend/10 shares (tax included): CNY3.00000000
2. Bonus issue from profit (share/10 shares): none
3. Bonus issue from capital reserve (share/10 shares): 6.0000


Record date: 29 May 2012
Ex-date: 30 May 2012
Payment date: 30 May 2012
Listing date of the bonus issues: 30 May 2012.
10 percent withholding tax on cash dividend will be deducted in CNY within the cash dividend receivable. Please refer to below details:
Tax on cash dividend/10 shares: CNY0.30000000(10 percent x CNY3.00000000)
Net cash dividend/10 shares after tax: CNY2.70000000(CNY3.00000000- CNY0.30000000)
Date: 2012-04-25
Title: FINAL DIVIDEND
The Company issued its 2011 annual report on 25 April 2012.

The profit distribution proposal for 2011:
1. Cash dividend/10 shares (tax included): CNY3.00000000
2. Bonus issue from profit (share/10 shares):none
3. Bonus issue from capital reserve (share/10 shares):6.0000.
Date: 2012-04-25
Title: AGM-SPOT
The Company will hold the 2011 Annual General Meeting at 09:00 on 18 May 2012.

Meeting agenda:
1. 2011 work report of the board of directors
2. 2011 work report of the supervisory committee
3. 2011 annual report and its summary
4. 2011 financial resolution report
5. 2012 financial budget report
6. 2011 profit distribution plan
7. Increase in registered capital, amendments to the Company's articles of association, and mandate to the chairman of the board to sign relevant documents
8. 2011 internal control self-evaluation report
9. 2011 special report on the deposit and use of raised funds
10. 2012 investment projects of a company
11. 2012 application for comprehensive credit line and loan quota to banks by the Company and subsidiaries and mandate to handle matters in relation to loans
12. Reappointment of audit firm
The detailed profit distribution plan are as follows:
1) Cash dividend/10 shares (tax included): CNY3.00000000
2) Bonus issue from profit (share/10 shares): none
3) Bonus issue from capital reserve (share/10 shares): 6.0000

Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 09 May 2012 are entitled to vote. Original notarized power of attorney for voting is required.
2. Directors of the board, supervisors of the supervisory committee, senior executives and appointed lawyers are entitled to attend the meeting.

Registration period: 11 May 2012
Date: 2011-12-08
Title: EGM RESOLUTION
The Company held its 2nd Extraordinary General Meeting of 2011 on 07 December 2011, during which the following proposal(s) was/were approved:
1. Capital increase in a company
2. Amendments to the Company's articles of association.
Date: 2011-09-28
Title: PLACING SHARE LISTING
The Company's 6.7 million A-shares placed to the institutional investors through offline placement will reach the 3-month lock-up period and be listed on the Shenzhen Stock Exchange as of 10 October 2011.
Date: 2011-07-06
Title: IPO SHARE LISTING
THE CO ISSUED A TOTAL OF 33.5 MILLION SHARES (CODE:002597) IN ITS INITIAL PUBLIC OFFERING. OF THE SHARES,26.8 MILLION SHARES WILL BE LISTED ON THE SHENZHEN STOCK EXCHANGE ON 07JUL11 WHILE THE REMAINDER WILL BECOME TRADABLE THREE MONTHS LATER.
Date: 2011-06-28
Title: IPO-ONLINE SUBSCRIPTION
ANHUI JINHE INDUSTRIAL CO., LTD. HAS BEEN APPROVED BY THE CHINA SECURITIES REGULATORY COMMISSION (THE CSRC) TO ISSUE 33.500000 MILLION A-SHARES IN ITS INITIAL PUBLIC OFFERING.
1. CLASS: A SHARES
2. STOCK CODE: 002597
3. STOCK ABBREVIATION: JINHE INDUSTRIAL
4. ISSUING VOLUME: 33.500000 MILLION SHARES
5. PAR VALUE: CNY1.00 PER SHARE
6. ISSUING MECHANISM: A BOOK BUILDING PROCESS WILL BE CONDUCTED WITH A COMBINATION OF ONLINE PUBLIC OFFERING AND OFFLINE PLACEMENT.
7. TARGETED LISTING BOURSE: SHENZHEN STOCK EXCHANGE
8. OFFLINE PLACEMENT VOLUME:6.700000 MILLION SHARES
9. ONLINE OFFERING VOLUME: 26.800000 MILLION SHARES
10. PRICE: CNY21.50 PER SHARE
11. OFFLINE SUBSCRIPTION PERIOD:29JUN11
12. ONLINE SUBSCRIPTION DATE: 29JUN11
Date: 2011-06-21
Title: IPO
ANHUI JINHE INDUSTRIAL CO., LTD. HAS BEEN APPROVED BY THE CHINA SECURITIES REGULATORY COMMISSION (THE CSRC) TO ISSUE 33.5000 MILLION A-SHARES IN ITS INITIAL PUBLIC OFFERING, WHICH IS STRUCTURED AS FOLLOWS:
1.CLASS: A SHARES
2.SIZE: 33.5000 MILLION SHARES
3.PAR VALUE: CNY1.00 PER SHARE
4.ISSUING MECHANISM: A BOOK BUILDING PROCESS WILL BE CONDUCTED WITH A COMBINATION OF ONLINE PUBLIC OFFERING AND OFFLINE PLACEMENT.
5.TARGETED LISTING BOURSE: SHENZHEN STOCK EXCHANGE
6.OFFLINE PLACEMENT VOLUME: 6.7000 MILLION SHARES
7.ONLINE OFFERING VOLUME:26.8000 MILLION SHARES
8.IPO PRICE INQUIRY PERIOD: FROM 22JUN11 TO 24JUN11
9.IPO PRICE DETERMINED: 28JUN11
10.OFFLINE SUBSCRIPTION DATE:29JUN11
11.ONLINE SUBSCRIPTION DATE: 29JUN11
12.EXPECTED LISTING DATE:N/A